Waseca Learning Environment Inc

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 65%)

Waseca Learning Environment Inc has received a "Needs Improvement" rating from Charity Navigator, reflecting some concerns regarding its accountability and financial transparency. The organization scored 65% overall, with notable strengths in board independence and asset management. All board members are independent, contributing positively to governance, and there is no indication of material diversion of assets.

However, the nonprofit has significant limitations in various areas of transparency. Key documents such as financial statements, a conflict of interest policy, and a whistleblower policy are missing, which raises concerns about the organization's operational practices. Additionally, the absence of its website on tax forms and missing tax form postings on its own website indicate a gap in public accessibility to information.

Despite achieving a high program expense ratio of 100%, which suggests that all its expenses are allocated to its programs, the lack of essential governance policies and financial disclosure hampers its overall rating. Addressing these transparency issues could enhance its credibility and establish greater trust with donors and stakeholders.

This AI summary has been generated from information found on Charity Navigator.

Waseca Learning Environment Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waseca Learning Environment Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $699,646

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